Sunday, July 2, 2017

First year in the market

So I recently started getting the hang of how to play with the market. I started last year I was always interested. Last year I ended up buying AMD at 4.55 a share I bought 45 shares at the time. I also picked up SPHS at 2.33 which was pretty bad on my part I ended up taking a loss on SPHS bought 40 shares sold at 2.08. Bought TSLA at 299 about 3 months ago. One thing I want to know is when to cut your gains and losses. I currently use Etrade commission fee are at 6.95, When I purchased AMD and SPHS Their commission fees were at 9.99 so I took a loss on SPHS. Recently purchased MU I'm planning on holding it for longer than a year. The longer I hold, I know the less I have to pay taxes. Current Income is 0-2999 so I know I won't have to pay much taxes. I'm planning on buying more stocks, having trouble finding some good ones. I know how to read the stocks. One that I saw that looked interesting was JNJ for a long term dividend hold, the thing is If I do so I would be paying taxes every year. Want to make an IRA account and purchase stocks through there for long term holds mostly. What would you guys recommend my next move be?



Submitted July 02, 2017 at 05:50PM by goldenmemer http://ift.tt/2ufc8S9

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